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Self-driving sensor maker Luminar shares rally on Mercedes-Benz tie-up
https://finance.yahoo.com/news/1-self-driving-sensor-maker-200521322.html
Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar's founder said.
Luminar shares surged 24% at $16.75 on Thursday. Luminar said Mercedes-Benz will have 1.5 million shares in Luminar, which will vest over time when certain milestones are met.
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https://finance.yahoo.com/news/1-self-driving-sensor-maker-200521322.html
Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar's founder said.
Luminar shares surged 24% at $16.75 on Thursday. Luminar said Mercedes-Benz will have 1.5 million shares in Luminar, which will vest over time when certain milestones are met.
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